KFG Wealth Management LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

KFG Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 294.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,548 shares of the company’s stock after purchasing an additional 20,559 shares during the quarter. KFG Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Squarepoint Ops LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 16.7% in the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after acquiring an additional 7,342 shares during the last quarter. AQR Capital Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at approximately $879,000. Core Wealth Advisors Inc. lifted its stake in Schwab US Dividend Equity ETF by 1.9% during the second quarter. Core Wealth Advisors Inc. now owns 15,327 shares of the company’s stock worth $1,192,000 after purchasing an additional 280 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 33.0% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 23,015 shares of the company’s stock worth $1,790,000 after buying an additional 5,704 shares during the period. Finally, Brick & Kyle Associates grew its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after buying an additional 130 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock opened at $28.07 on Friday. The business’s fifty day moving average price is $28.10 and its 200 day moving average price is $27.90. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The company has a market capitalization of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.